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Dec 26, 2012
12/12
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FBC
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we've got short-term with the fiscal cliff and then after the fiscal cliff. give me what your predictions are as we navigate the roller-coaster ride that will happen over the next few days? >> okay. i think we saw the bottom for national prices at about 3.21 on the last day of autumn. we'll wobble a little bit higher in the next two months. we'll probably get a sugar rush at start of the year with a lot of money coming into commodities. we'll get a typical surge we get from february through april. i think it will take us to about 3.75, but not to some of highs we've seen in previous years. the average price this year is 3.61. i think we'll average less than that next year. somewhere between 325 and 3.75 for the average. a little bit of good news. shibani: so the consumer can count on a few extra bucks in their pocket not taken out at the pump. >> the consumer actually i heard one of your guests talking about retail sales, consumer is using 5% last gasoline in the last four weeks than last year. it seems as though the high numbers do take a toll at one point.
we've got short-term with the fiscal cliff and then after the fiscal cliff. give me what your predictions are as we navigate the roller-coaster ride that will happen over the next few days? >> okay. i think we saw the bottom for national prices at about 3.21 on the last day of autumn. we'll wobble a little bit higher in the next two months. we'll probably get a sugar rush at start of the year with a lot of money coming into commodities. we'll get a typical surge we get from february...
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Dec 30, 2012
12/12
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KPIX
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what lawmakers in washington are doing to try to avoid the fiscal cliff. good evening. i'm ann notarangelo. a san francisco woman traumatized after being robbed on the street. she was not injured. and the thief only got a few dollars. but patrick shows us what he took from her was much more valuable than money. >> i heard him say, then i'm going to kill your dog. >> pekingese, 12 years old. sweetest thing ever. >> reporter: she asked not to be named. this woman was robbed yesterday, not only of money, but her best friend roxy, who she loved most on this earth. >> she was my best friend. >> reporter: she had lost her phone in her car, so she parked to look for it at leavenworth and golden gate when a man approached her. >> he said, give me all your money. >> reporter: he then went through her pockets and found only $5. and roxy started barking. >> he said, i'm going to kill your dog. and he grabbed roxy. all of a sudden i see her fly towards traffic. he threw her towards oncoming traffic. >> reporter: roxy was rushed to er but it was too late. >> she was pretty bad. so i
what lawmakers in washington are doing to try to avoid the fiscal cliff. good evening. i'm ann notarangelo. a san francisco woman traumatized after being robbed on the street. she was not injured. and the thief only got a few dollars. but patrick shows us what he took from her was much more valuable than money. >> i heard him say, then i'm going to kill your dog. >> pekingese, 12 years old. sweetest thing ever. >> reporter: she asked not to be named. this woman was robbed...
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Dec 30, 2012
12/12
by
WBAL
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cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the area. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales. >> getting a deal is up to the senate's top democrat and top republican. >> we are engaged in discussions, the majority leader myself and the white house, in hopes we can come forward as early as sunday and have a recommendation. >> whatever we come up with will be imperfect. some people aren't going to like it. >> majority leader harry reid and minority leader mitch mcconnell say they're confident they come to a compromise but they have to sell it to john boehner and fellow republicans before the deadline. >> president obama will be david gregory's exclusive guest on "meet the press" later this morning. you can watch his inter
cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the area. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales....
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Dec 28, 2012
12/12
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KPIX
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cliff next week. the impact will be felt in many other ways as well. with us is market watch reporter kelli grant. >> also a very good base jumper. >> yes i'm looking forward to that clip. >> your video is on youtube somewhere, everyone can look it up. kelli we've seen consumer confidence decline and businesses not hire as a result of the uncertainty around the fiscal cliff, but there's another impact here and people could even see it on their dinner plate. >> definitely. we're seeing a lot of consumer impact from this, just because of the large budget cuts expected to go through, if we do in fact go off the cliff and of course, there's a lot of variation here it's up to each individual agency to decide how it's going to cut but when we talk to people in the industry they just have a lot of the worst case scenarios almost that could come to play that really do affect consumers. >> there's the farm bill on the edge here as well which could significantly impact milk prices. they're talking about the pot
cliff next week. the impact will be felt in many other ways as well. with us is market watch reporter kelli grant. >> also a very good base jumper. >> yes i'm looking forward to that clip. >> your video is on youtube somewhere, everyone can look it up. kelli we've seen consumer confidence decline and businesses not hire as a result of the uncertainty around the fiscal cliff, but there's another impact here and people could even see it on their dinner plate. >>...
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Dec 28, 2012
12/12
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KOFY
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not just the fiscal cliff. could also be the dairy cliff beginning next year you could be paying as much as 7 dollars for gallon of milk if congress does not step in. price of milk could double if congress doesn't provide a fix for expiring dairy price supports beginning or before january 1s 1st. >>> roller coaster day on wall scrutiny as market reacted to news on fiscal cliff pending. dow down 150 points in early trading but rallied to close with just 18 point loss. index closed today at 13096. fourth straightlessing day for the dow by the way. >> now to some incredible video from china. shows a 33 ton shark tank exploding at shanghai shopping mall. people look at the tank when the glass shattered suddenly and huge wave of world trade center comes over the onlookers. 15 people were injured. none critically. 3 lemon shark and dozens of smaller fish all died unfortunately. now shanghai officials say cold temperatures and showedy material made the acrylic sheet so brittle it just gave way. >>> well just ahead ton
not just the fiscal cliff. could also be the dairy cliff beginning next year you could be paying as much as 7 dollars for gallon of milk if congress does not step in. price of milk could double if congress doesn't provide a fix for expiring dairy price supports beginning or before january 1s 1st. >>> roller coaster day on wall scrutiny as market reacted to news on fiscal cliff pending. dow down 150 points in early trading but rallied to close with just 18 point loss. index closed today...
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Dec 29, 2012
12/12
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KGO
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. >> and there is new hope tonight that lawmakers may not lead us over that fiscal cliff after all. coming up next, president obama draws a line in the sand. we'll explain his plan for averting a tax hike. >> thank you for calling. >> i team reveals why a state agency is too busy to take your calls. >>> a late afternoon meeting brings progress towards avoiding the fiscal cliff. tonight abc 7 news mark matthews has been looking into the cost governoring over the live cliff. >> remember, last year it? was part of a deal to end the debt ceiling crisis. congress agreed to steep a spending cuts going into reduce the deficit. cuts now are just around the corner. >> the president says he's optimistic but did f.a deal can not be reached he'll tell hairy reid to introduce a fall back bill. >> put a bill making sure tax on middle class families don't goup, that unemployment is available for two million people z that lays ground work for additional deficit reductions and economic growth steps we can take in the new year. >> the bill, as the president calls bare minimum isn't what many hoped fo
. >> and there is new hope tonight that lawmakers may not lead us over that fiscal cliff after all. coming up next, president obama draws a line in the sand. we'll explain his plan for averting a tax hike. >> thank you for calling. >> i team reveals why a state agency is too busy to take your calls. >>> a late afternoon meeting brings progress towards avoiding the fiscal cliff. tonight abc 7 news mark matthews has been looking into the cost governoring over the live...
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Jan 1, 2013
01/13
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KRON
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. >>> coming up in the next hour the country goes over the fiscal cliff. what it will cost you for a paper bag as we return in two minutes.
. >>> coming up in the next hour the country goes over the fiscal cliff. what it will cost you for a paper bag as we return in two minutes.
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Dec 26, 2012
12/12
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KTVU
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both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmakers fear it won't happen, more on that when i see you next. live in washington. >> oil prices started edging up arch the president announced he would return from vacation early so he could work on fiscal cliff negotiations. crude oil sells for almost $91 a barrel up nearly two dollars a barrel. it's expected to increase as hope rises that a budget deal can be reached before the deadline and that could keep the economy growing while no agreement may put the united states back into recession. >> several stat
both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be...
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Dec 30, 2012
12/12
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CSPAN
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this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in my life, where i love, none of the people of bears for the island, but me living in san antonio tx or me living in concord or seattle for miami. you can make it directly relevant and interesting to cuba's lives. the more interest there will be. >> thank you so much to each of you for coming. i want to draw on a couple of things. as the education director with the power and passion of my generation wanting -- one of the things that i think is so critically missing is clear pathways to support the translation of informed inspiration and its desire to be p
this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in...
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Dec 29, 2012
12/12
by
KOFY
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new hope lawmakers may not lead us over the fiscal cliff after all. come up next president obama draws new line in the sand. his plan for avoiding new year tax hike. >> luxury holiday cruise nightmare. not just happening on 1 ship nightmare. >> stern censorship changes over sea. one country insist all i know net users must do all i know net users must do before logging on. stay with >> late afternoon meeting at the white house brings some progress toward avoiding the fiscal cliff which is coming very soon. just a couple of days. tonight the president called the meeting constructiv constructive. mark matthews has look at the cost of going over the fiscal cliff if we do. >> president is optimistic but if deal can't be reached this weekend he will tell senate leader reid tiny introduce a fall back bill. >> bill on the floor that make sure that taxes on middle class family don't go up. that unemployment insurance is still available for two million people lay the ground work then for additional deficit reduction and economic growth steps to take in the new
new hope lawmakers may not lead us over the fiscal cliff after all. come up next president obama draws new line in the sand. his plan for avoiding new year tax hike. >> luxury holiday cruise nightmare. not just happening on 1 ship nightmare. >> stern censorship changes over sea. one country insist all i know net users must do all i know net users must do before logging on. stay with >> late afternoon meeting at the white house brings some progress toward avoiding the fiscal...
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Dec 28, 2012
12/12
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KTVU
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even so there is economic proof that many americans still fear going over the fiscal cliff. i'll have more on that in my next update. live in washington kyla campbell ktvu channel 2 news. >>> analysts say if the country goes over the fiscal shift it could send the economy back if into a recession. >>> secretary of state hillary clinton is expected to return to work next week. a specksman for clinton says she continues to recooperate at home. doctors say clinton contracted a stomach virus earlier this month and became dehydrated and fainted. >>> the sonoma county sheriffs office will continue its search today for a possible plane crash. an eyewitness reported seeing smoke coming from a distressed aircraft in the hills. search crews combed that area but have found nothing. >>> the military is investigating a fighter jet that went down near fresno know. the plane crashed during a routine training mission yesterday afternoon. that about 100 east of fresno. the jet was flying between 12,000 own 15,000 feet at the time of the emergency. and the pilot ejected safely. >> there are n
even so there is economic proof that many americans still fear going over the fiscal cliff. i'll have more on that in my next update. live in washington kyla campbell ktvu channel 2 news. >>> analysts say if the country goes over the fiscal shift it could send the economy back if into a recession. >>> secretary of state hillary clinton is expected to return to work next week. a specksman for clinton says she continues to recooperate at home. doctors say clinton contracted a...
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Dec 29, 2012
12/12
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KPIX
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year barring any detours caused by a "fiscal cliff." joe vazquez cbs 5. >> must be nice. >>> new year new laws and new protections for consumers. cbs 5 consumerwatch reporter julie watts explains how car buyers and homeowners are going to benefit in 2013. >>> reporter: from for profit education -- >> all my money my future is gone. >> reporter: -- to faulty foreclosures. >> for me they happen pretty quickly. >> reporter: and deceptive car dealers. >> , it's an in-house financing that he have. >> reporter: the consumer problems we resolved this year have run the gamut. but next year, a series of new laws may help prevent them altogether. first up buy here pay here. used car dealer financing for low income drivers. one in four of those drivers ends up with a repossessed car. >> it's leaking oil. >> reporter: borrowers like gentry ramos complain of inflated prices, unfair payment stipulations and sub cars with no warranty. now they are required to have warranty. dealers must show proof of fair market value and they can't make buyers pay ea
year barring any detours caused by a "fiscal cliff." joe vazquez cbs 5. >> must be nice. >>> new year new laws and new protections for consumers. cbs 5 consumerwatch reporter julie watts explains how car buyers and homeowners are going to benefit in 2013. >>> reporter: from for profit education -- >> all my money my future is gone. >> reporter: -- to faulty foreclosures. >> for me they happen pretty quickly. >> reporter: and deceptive...
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Dec 27, 2012
12/12
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KPIX
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employers can't be sure how much to deduct next week because of the "fiscal cliff." if you are on extended unemployment, those checks could also disappear by next friday. with no deal in congress, the jobless benefits end. and for those depend on the on those extend and unemployment checks on a weekly basis, right now will be the time to ration food since it's still not certain that there are benefits coming next week. and for those trying to plan ahead for anyone about to pass, the inheritance cast could shoot up to 50% if we go over the cliff. and not to mention the stock market, we all know that investors do not like uncertainty. so really hitting us from all sides. >> it's like we have one foot over the cliff already. >>> did you give thought to the "fiscal cliff" when doing your christmas shopping? many americans did because cbs 5 reporter mike sugerman tells us retail numbers weren't good. >> reporter: i'm at union square which is mobbed. it's swinging. i spent the day here and it didn't get active until a couple of hours ago and as i look around, i don't see a
employers can't be sure how much to deduct next week because of the "fiscal cliff." if you are on extended unemployment, those checks could also disappear by next friday. with no deal in congress, the jobless benefits end. and for those depend on the on those extend and unemployment checks on a weekly basis, right now will be the time to ration food since it's still not certain that there are benefits coming next week. and for those trying to plan ahead for anyone about to pass, the...
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Dec 25, 2012
12/12
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KTVU
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. >>> what might happen next year if congress doesn't avoid the fiscal cliff. a person earning 50-$75,000 a year would see a hike of $2,400. >>> gas prices in the bay area and around california are still dropping. that is according to aaa. the trend will continue into the new year. the average price of a gallon is $3.60-in san francisco. san jose $3.49. oakland $3.48. california is reflecting a national trend as demand is low and supplies are high. >>> back to the developing news we showed you earlier. an apparent head on collision had forced police to shut down highway 84. that has now been reopened but as a result of that closure you can see the traffic backup. this is highway 84 in the livermore area. westbound lanes, severe back up. no word about the injuries, what the conditions are of the people involved in the accident but we are continuing to work the phones and get more details. you can see from our picture here, the incredible traffic back up. if you are planning to be around that area, you might try to take another route. >>> move on to weather now.
. >>> what might happen next year if congress doesn't avoid the fiscal cliff. a person earning 50-$75,000 a year would see a hike of $2,400. >>> gas prices in the bay area and around california are still dropping. that is according to aaa. the trend will continue into the new year. the average price of a gallon is $3.60-in san francisco. san jose $3.49. oakland $3.48. california is reflecting a national trend as demand is low and supplies are high. >>> back to the...
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Dec 31, 2012
12/12
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KPIX
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. >> reporter: you can keep tabs on the if fiscal cliff talk, 24/7 bilogging on to our web site, cbssf.com. >>> checking bay area headlines, the police still searching for the police who mugged a woman and killed her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man attempted to rob here. then grab her 12-year-old dog and hurled it into traffic. the police are checking for surveillance video. the area and offering a $1,000 reward for information. >>> the police chief, for the past 20 years, leaves his post today. craig stekler spent four decades in law enforcement. he was criticize inside 2005 for ending police response to burglar alarms. steckler will stay on for special assistant to the interim chief for the next few months. >>> 2012 has been a bad year for homicides in the major cities. two days to go oakland is at 130 for a year. 26% increase from 2011. sanfrancisco has 67 so far. it is say one third increase from last year. san jose's 45 is low for a city of almost a million people but it is still 12.5% higher than 2011. >>> well, a deadl
. >> reporter: you can keep tabs on the if fiscal cliff talk, 24/7 bilogging on to our web site, cbssf.com. >>> checking bay area headlines, the police still searching for the police who mugged a woman and killed her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man attempted to rob here. then grab her 12-year-old dog and hurled it into traffic. the police are checking for surveillance video. the area and offering a $1,000 reward for...
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Dec 28, 2012
12/12
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KBCW
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he will start working with the department early next year. >> thanks. >> some hope for talks on the fiscal cliff. with just five days until the country tumbles into automatic tax hikes and spending cuts the president has scheduled a meeting. danielle nottingham on the efforts. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh spending cuts will kick in on january 1st. senators reconvened on thursday with tension spilling over on to the floor. >> speaker boehner is unwilling to negotiate. there's nothing happening. >> the phone never rang and so now here we are five days from the new year and we might finally start talking. >> reporter: senate majority lyddite harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's number one goal
he will start working with the department early next year. >> thanks. >> some hope for talks on the fiscal cliff. with just five days until the country tumbles into automatic tax hikes and spending cuts the president has scheduled a meeting. danielle nottingham on the efforts. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute...
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Dec 26, 2012
12/12
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KBCW
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. >>> president obama is cutting his hawaiian vacation short to get back to fiscal cliff talks in washington. the country is a week away from the tax increases and deep spending cuts that will be triggered without an agreement. the next move will likely fall on democratic senate leader harry reid who is crafting a package on his own. it would extend the bush era tax cuts for households making less than $250,000 a year including the short-term spending cuts. >>> and it is a scary statistic for the recent college graduates. the number of young californians with the degrees working in restaurants or the retail, they have nearly doubled over the last five years. cbs 5 reporter tells us that these are the same people who have expensive college loans to pay off. >> reporter: when you're shopping this holiday season, or eating out, take a look around. you might notice a lot more people under 30 working those jobs. according to the census bureau, there are about 260,000 young adults with college degrees in california, taking work and food service in retail because they can't get anything else. >> it
. >>> president obama is cutting his hawaiian vacation short to get back to fiscal cliff talks in washington. the country is a week away from the tax increases and deep spending cuts that will be triggered without an agreement. the next move will likely fall on democratic senate leader harry reid who is crafting a package on his own. it would extend the bush era tax cuts for households making less than $250,000 a year including the short-term spending cuts. >>> and it is a...
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Dec 29, 2012
12/12
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KTVU
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if the so-called fiscal cliff is a verted they will reimburse workers. they are advicing workers to watch their deductions. >>> not only could the new year bring higher taxes and spending cuts,y gross which bill could also skyrocket. the so-called dairy cliff. why milk prices could double. >>> and why lawmakers trying to work out a deal they are dealing a big snowstorm on the east coast. want to give you a live look at the snow falling in front of the united states capitol. you can see it's a little bit hazy. washington is expecting one to two -- one to three inches of snow rather. that is likely to mix with rain and farther north boston could see up to six inches of snow thisw. >> gay couples are now allowed to marry in the state of maine. this is video of the first couple to wednesday in portland maine. they couldn't wait to tie the knot. they exchanged views just after midnight. >> we finally feel equal and happy to live in maine. >> it's official now. after nine years it's all good. >> voters in maine approved in nova long with voters in washington s
if the so-called fiscal cliff is a verted they will reimburse workers. they are advicing workers to watch their deductions. >>> not only could the new year bring higher taxes and spending cuts,y gross which bill could also skyrocket. the so-called dairy cliff. why milk prices could double. >>> and why lawmakers trying to work out a deal they are dealing a big snowstorm on the east coast. want to give you a live look at the snow falling in front of the united states capitol....
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Dec 27, 2012
12/12
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KOFY
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no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficult to do any type of tax planning and advising because nobody really knows exactly what is going to happen. >> much of the uncertainty centers around whether the united states is about to fall off that a fiscal cliff. if that happens, that would mean the end of the temporary payroll tax cuts. even if that doesn't happen, most believe taxes will go up next year. >> one of the things that is being floated right now is people are advising people to get out of dividend paying funds, high dividend yield funds and move more into tax exempt bonds and things like that tha
no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may...
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Dec 25, 2012
12/12
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KPIX
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. >>> it is not just the fiscal cliff that we're closing in on. a darely cliff? this is a new one. beginning next year you could be paying as much as $7 for a gallon of milk if congress doesn't step in. with all the concerns over the fiscal cliff, several other legislative matters are falling by the wayside. including a stalled farm bill that includes the dairy subsidy. it is set to end january 1st sending us all the way back to the 1950s policy requiring the government to buy milk at inflated prices. therefore driving up the cost for everyone. >>> i'm glad it's christmas. guess who's cozy by the fireplace here? our very own michelle griego sharing this photo from christmas eve. she doesn't know i'm sharing it with you -- >> i know. i know. >> she's at home with her family as you can see. they got the socks on. they're sitting on the couch. they're enjoying the fireplace. and the little socks to the far right is her 4-year-old daughter, my guess is giana is up and under the tree right now looking for goodies. >> that's so cute. i love that picture i think that's the future christma
. >>> it is not just the fiscal cliff that we're closing in on. a darely cliff? this is a new one. beginning next year you could be paying as much as $7 for a gallon of milk if congress doesn't step in. with all the concerns over the fiscal cliff, several other legislative matters are falling by the wayside. including a stalled farm bill that includes the dairy subsidy. it is set to end january 1st sending us all the way back to the 1950s policy requiring the government to buy milk at...
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Jan 1, 2013
01/13
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KTVU
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cliff. live in washington, d.c. with what just happened. >> reporter: we are waiting for the vice president to arrive on capitol hill. this is his chance to sell the deal to democrats. there is no vote planned on the floor, though one could come at any time after democrats meet. president obama and leaders say they are close to a deal but it is on a smaller scale. a deal would raise taxes on families making more than $450,000 and extend unemployment benefits. >> we will work on finding smarter ways to cut spending. but let's not let that hold up perecing americans -- protecting americas. >> reporter: here is where they have been struggling, automatic spending cuts to the trillion dollars mark. it would effect the defense department and social programs. >> wee using -- we are using an ax instead of a scalp. >> reporter: even if there is a vote tonight in the senate the house still has toapprove something and they have -- to approve something and they have already gone home. they will be back
cliff. live in washington, d.c. with what just happened. >> reporter: we are waiting for the vice president to arrive on capitol hill. this is his chance to sell the deal to democrats. there is no vote planned on the floor, though one could come at any time after democrats meet. president obama and leaders say they are close to a deal but it is on a smaller scale. a deal would raise taxes on families making more than $450,000 and extend unemployment benefits. >> we will work on...
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Dec 31, 2012
12/12
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KPIX
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you can keep tabs on the talks of the fiscal cliff, 24/7 by logging on to our web site. >>> just within the past half- hour we learned hilary rodham clinton has been admitted to the hospital. a blood clot. she had take enthe past three weeks off of work to recuperate after a nasty bout with stomach flew. doctors allowed her to recover at home. she was planning return to work this week but the former first lady will be monitored at a new york hospital for the next 48 hours. >>> checking bay area headlines, the police are searching for the person who mugged a woman and killed had her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man attempted to rob her and then grabbed her 12-year-old dog and hurled it into traffic. the police are checking for surveillance video of the area and offering $1,through reward for information. >>> and fremont police chief, for the past 20 years, leaves his post today. steckler spent four decades in law enforcement. he was criticize inside 2005 for ending the police response for burglar alarms. he will stay on as a
you can keep tabs on the talks of the fiscal cliff, 24/7 by logging on to our web site. >>> just within the past half- hour we learned hilary rodham clinton has been admitted to the hospital. a blood clot. she had take enthe past three weeks off of work to recuperate after a nasty bout with stomach flew. doctors allowed her to recover at home. she was planning return to work this week but the former first lady will be monitored at a new york hospital for the next 48 hours. >>>...
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. >>> next, developing news after somebody opened fire inside a police station. >>> fiscal cliff could affect the price of your breakfast in just a few days. i'll explain, coming up. >> first america's money report. >>> good morning. sales of new homes jumped 4.4% last month. new home sales up more than 15% over the past year. ford will spend more than 3/4 of a billion dollars to expand a plant in michigan creating more than 2300 jobs part of ford's promise to invest 6.2 billion dollars in u.s. plans and create 12,000 jobs by 2015. biggest movie flop of 2010 -- 2012, playback, grossed 264, meaning two dozen bought >>> breaking news out of new jersey. three police officers have been hurt after gunfire erupted inside police headquarters in gloucester township, south of philadelphia. medics rushed to the station 5:30 this morning local time. one officer was shot, all taken to the hospital. it is unclear how severe their injuries are or what happened inside the police station. >>> breaking news overnight, russian president has may it official, it is now illegal for americans to adopt child
. >>> next, developing news after somebody opened fire inside a police station. >>> fiscal cliff could affect the price of your breakfast in just a few days. i'll explain, coming up. >> first america's money report. >>> good morning. sales of new homes jumped 4.4% last month. new home sales up more than 15% over the past year. ford will spend more than 3/4 of a billion dollars to expand a plant in michigan creating more than 2300 jobs part of ford's promise to...
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Dec 30, 2012
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host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the
host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen,...
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. >> it's the uncertainty, fiscal cliff and how things are going to pan out from these next few months moving forward. >> reporter: economic experts agree, in the past they say a looming sales tax hike would have inspired a shopping frenzy but not now. >> today i think it's the opposite. gee we're just in the midst of massive amounts of tax confusion i think this level of uncertainty is going to put some breaks on spending in general. >> i just think you should save money while you can. >> reporter: still some are spending here at the albany target. lawrence williams knew he needed a tv and figured he would save a few extra dollars buying today. >> with the tax hike and what have you, it's going to be even more expensive. so, why not save now. >> one bit of good news for shoppers, the sales tax increase does not apply to your gas. in alameda county, ann rubin, ktvu channel 2 news. >>> new california laws taking effect with the new year include efforts to better protect children. coaches and administrators in schools will be required to report suspected child sexual abuse. and it will b
. >> it's the uncertainty, fiscal cliff and how things are going to pan out from these next few months moving forward. >> reporter: economic experts agree, in the past they say a looming sales tax hike would have inspired a shopping frenzy but not now. >> today i think it's the opposite. gee we're just in the midst of massive amounts of tax confusion i think this level of uncertainty is going to put some breaks on spending in general. >> i just think you should save...
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driven down by fears of falling off the so-called fiscal cliff. the consumer confidence index fell to 65.1 this month. dow from 71.5 in november. >> this the lowest level since august and the outlook for the next six months as dropped to its lowest level in 2011. >> a man faces fraud and bribery charges in vermont after driving onto the lawn of a home once owned by the co-founder of alcoholics anonymous. >> vermont state police a 55 year-old got a blood the third body was driving into a parking lot. >> the historic home was built in 1950--1852 and still holds several a eight meetings every week. blood has been ordered to appear in court next month. >> force magazine has released its list of best actress for the bulk. >> the top actors provided studios with the highest average return for their fields. >> actress and natalie portman top the list providing more than $42 for every dollar's yards. >> twilight star kristin stored came in close second. >> bring in more than $40. stewart co-stars also made a top-10. >> and robert patterson came in for the
driven down by fears of falling off the so-called fiscal cliff. the consumer confidence index fell to 65.1 this month. dow from 71.5 in november. >> this the lowest level since august and the outlook for the next six months as dropped to its lowest level in 2011. >> a man faces fraud and bribery charges in vermont after driving onto the lawn of a home once owned by the co-founder of alcoholics anonymous. >> vermont state police a 55 year-old got a blood the third body was...
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Dec 25, 2012
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there could be a dairy cliff beginning next year you could be paying as much as $7 for a gallon of milk. if congress doesn't step in. with all the concerns over the fiscal cliff, that we've just been talking about, several other legislative matters are falling by the wayside including a stalled farm bill. that includes the dairy subsidy and set to end january 1st sending us back to the 1950s policy requiring the government to buy milk at inflated prices and driving up the cost for everyone. >>> we need some good news. over to lawrence now and find out about rain that's coming. >> that big storm that's rolling into the bay area. happy holiday. yes, merry christmas to you and everyone and you're headed out today i hope you get the umbrella for christmas, maybe a rain jacket. you will need it today. already seeing some showers on the hi-def doppler radar showing up in the north bay right now. these just some scout showers really out ahead of the main cold front but the winds going to be kicking up. and it looks like we're going to see a brief period of heavy amounts of rainfall as the syst
there could be a dairy cliff beginning next year you could be paying as much as $7 for a gallon of milk. if congress doesn't step in. with all the concerns over the fiscal cliff, that we've just been talking about, several other legislative matters are falling by the wayside including a stalled farm bill. that includes the dairy subsidy and set to end january 1st sending us back to the 1950s policy requiring the government to buy milk at inflated prices and driving up the cost for everyone....
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cliff continues in washington tonight. lawmakers reach one deal that will affect our wallets snst. ♪ >> music proves to be good medicine for recovering george h.w. bush. >> a kiss at midnight and dropping of the ball. for buidists it it's the risking of the bell they welcomed the new year by ringing the bell. visitors were asked to join in to curb mortal
cliff continues in washington tonight. lawmakers reach one deal that will affect our wallets snst. ♪ >> music proves to be good medicine for recovering george h.w. bush. >> a kiss at midnight and dropping of the ball. for buidists it it's the risking of the bell they welcomed the new year by ringing the bell. visitors were asked to join in to curb mortal
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the house, no plans to convene and no fiscal cliff negotiations have been scheduled. >> and taxpayers facing uncertainty as we head into the new year with the government on the edge of the fiscal cliff. >> for many of us, strategize might not apply this year. >> this is a different year, and there is unknown fate of two popular tax deductions for middle class. deductions for chairitable contribution asks and for home mortgages. when it comes to year end finances old rules may not add up this year. >> it's very difficult to do any type of tax planning and advising because nobody knows what is going to happen. >> much uncertainty centers around whether the united states is about to fall off that fiscal cliff. if that happens would it mean the end of the tear tax cuts. most believe taxes will go up next year. >> one of the things now is that people are advising people to get out of high dividend funds and move into tax exempt bonds that won't be taxed. >> the current negotiate yigs between the president and house speaker could mean the reduction of the general deduction for chairitable c
the house, no plans to convene and no fiscal cliff negotiations have been scheduled. >> and taxpayers facing uncertainty as we head into the new year with the government on the edge of the fiscal cliff. >> for many of us, strategize might not apply this year. >> this is a different year, and there is unknown fate of two popular tax deductions for middle class. deductions for chairitable contribution asks and for home mortgages. when it comes to year end finances old rules may...
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Dec 30, 2012
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this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in my life, where i love, none of the people of bears for the island, but me living in san antonio tx or me living in concord or seattle for miami. you can make it directly relevant and interesting to cuba's lives. the more interest there will be. >> thank you so much to each of you for coming. i want to draw on a couple of things. as the education director with the power and passion of my generation wanting -- one of the things that i think is so critically missing is clear pathways to support the translation of informed inspiration and its desire to be p
this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in...
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Dec 29, 2012
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through the weekend to a avoid the fiscal cliff. there are fewer than four days left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few days. it starts with the senate leaders who are currently discussing the plan. they hope to have a deal ready for review and possible vote on monday. and then it would head to the house. the president says a deal is critical for the country. >> economists, business leaders all think we are poised to grow in 2013. as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not get it done, does not make a deal, here is how the physician physician -- the fiscal cliff could affect you. a middle class family would pay $2,000 more per year. gas prices will likely fall because people will spend less on fuel. you may see longer lines at the airports. budget cuts could leave the tsa with fewer checkpoint and retail prices may fall because d
through the weekend to a avoid the fiscal cliff. there are fewer than four days left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few days. it starts with the senate leaders who are currently discussing the plan. they hope to have a deal ready for review and possible vote on monday. and then it would head to the house. the president says a deal is critical for the country. >> economists, business...
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Dec 28, 2012
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. >>> no deal in sight to avoid the fiscal cliff. we'll tell you how president obama is pushing forward as the clock ticks. >> first this morning's tech bites. >>> in today's tech bites, amazon.com getting a present from shoppers, good review, survey puts amazon at the top of the list where it has been the past eight years. big jim in americans reading e-books, re-- research finds 16 and older red -- print reading drops from 72% down to 67%. salary of time cook dropped by 99%, his 2012 compensation 4.2 million dollars, far cry from the 378 million last year. steve jobs' famously collected a dollar a year. >> for the first time in its history voting for oscars online some voters are complaining the system is confusing and worried it could be vulnerable to it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks
. >>> no deal in sight to avoid the fiscal cliff. we'll tell you how president obama is pushing forward as the clock ticks. >> first this morning's tech bites. >>> in today's tech bites, amazon.com getting a present from shoppers, good review, survey puts amazon at the top of the list where it has been the past eight years. big jim in americans reading e-books, re-- research finds 16 and older red -- print reading drops from 72% down to 67%. salary of time cook dropped...
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you can keep tabs on the fiscal cliff talks. 24/7 by logging on our web site. >>> well it started out as a winter day of fun in the snow and ice. then the unthinkable happened. cbs reporter carter evans on the rescue that prevented tragedy. >> reporter: a rare christmas experience in the mountains above los angeles. fresh snow and ice for people who rarely see it. despite warning signs. >> look at that crack. is that a crack? >> few seemed concerned until -- >> oh! [screaming] >> we saw his arms going. someone said he can not swim. then it turned into panic. >> reporter: michelle and mickey were there with a camera. at first, all they could do was watch in horror as a man, who rushed to help -- oh. >> fell through the ice. then, another. six would-be rescuers in all were now in the icy waters. >> it was hard to watch. it was. we saw that guy go under three times and the third time we did not think he was coming back up. >> call 911. right now. >> the victims, clammerred for intertubed to stay afloat. from the shore, onlookers including the hermans tried toes to a lifeline. after sever
you can keep tabs on the fiscal cliff talks. 24/7 by logging on our web site. >>> well it started out as a winter day of fun in the snow and ice. then the unthinkable happened. cbs reporter carter evans on the rescue that prevented tragedy. >> reporter: a rare christmas experience in the mountains above los angeles. fresh snow and ice for people who rarely see it. despite warning signs. >> look at that crack. is that a crack? >> few seemed concerned until -- >>...
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investors remain on edge as monday night's "fiscal cliff" deadline inches closer. president obama meets with congressional leaders today to try and hammer out a last- minute plan to avoid billions of dollars in automatic tax increases and government spending cuts set to kick in january 1. a new report suggests the looming "fiscal cliff" is forcing consumers to lose confidence in the nation's economy. the conference board says its consumer price index fell sharply for the second month. >>> a potential dock worker strike is possible on the east and gulf coast which threatens to cost the nation's economy billions. more than 14,000 longshoremen are ready to walk off the job sunday. a strike would shut ports from boston to houston. those ports move as much as 100 million tons of goods each year including everything from flat screen tvs, sneaker and snow shovels. >>> the housing market shows new signs of rebounding. the commerce department says sales of new homes increased by about 4.5% in november from the month before. that's the fastest pace in two years. >>> and that
investors remain on edge as monday night's "fiscal cliff" deadline inches closer. president obama meets with congressional leaders today to try and hammer out a last- minute plan to avoid billions of dollars in automatic tax increases and government spending cuts set to kick in january 1. a new report suggests the looming "fiscal cliff" is forcing consumers to lose confidence in the nation's economy. the conference board says its consumer price index fell sharply for the...
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the fiscal cliff is really in sight now. >> it is deja vu all over again. >> the president chastising congress to do their jobs, but will they? details on what happened next. and violence against women. the vigil tonight in san francisco for a woman who lived and died brutally half a world away. and live doppler 7hd is tracking the rain and moving into the bay area. meteorologist sandhya patel is up next to show you when the rain will hit your neighborhood and a look ahead to new year's. that's all coming up. and then late other "nightline." >> i'm terry moran. dan, up next on "nightline," they are not rich, but they fly all over the world in first class for free. the extreme methods and secret tips of frequent flier mileage hoarders. and a national memory champion tonight. he will share his astonishing >>> senate leaders will work through the weekend to a avoid the fiscal cliff. there are fewer than four days left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few days. it starts with the senat
the fiscal cliff is really in sight now. >> it is deja vu all over again. >> the president chastising congress to do their jobs, but will they? details on what happened next. and violence against women. the vigil tonight in san francisco for a woman who lived and died brutally half a world away. and live doppler 7hd is tracking the rain and moving into the bay area. meteorologist sandhya patel is up next to show you when the rain will hit your neighborhood and a look ahead to new...
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if lawmakers fail to avert the fiscal cliff or come up with a compromise, the u.s. economy is likely to contract by who knows how much next year. unemployment could rise to 9% in 2014. according to standard & poor's, the rating agency. they said on friday that it's unlikely that the fiscal cliff gridlock will spark an additional downgrade of the country's credit rating. remember back in august of 2011 s&p downgraded the u.s. credit rating from aaa for the first time to aa plus, citing an ineffective and unpredictable governance. great that spooe is unlikely to downgrade the debt, but the consequences for going over the fiscal cliff could be far more severe than a credit downgrade. we could easily fall into another recession, and we know what that can do to your investment portfolio. jim awad, a longtime manager. sean egan knows a thing or two about credit ratings, the founder of an independent rating agency not paid by the corporate issuers that it rates. sean, your firm was quick to downgrade the u.s. credit rating last year. if we go over the cliff or lawmakers re
if lawmakers fail to avert the fiscal cliff or come up with a compromise, the u.s. economy is likely to contract by who knows how much next year. unemployment could rise to 9% in 2014. according to standard & poor's, the rating agency. they said on friday that it's unlikely that the fiscal cliff gridlock will spark an additional downgrade of the country's credit rating. remember back in august of 2011 s&p downgraded the u.s. credit rating from aaa for the first time to aa plus, citing...
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cliff the latest on negotiations next. >> and chang restrictions are lifted on rows are clearing fresnel in the sierra will have an update on conditions. >> plus many is offering free service to celebrate its 100th anniversary will have a live report as the kron 4 morning news continues into minutes no all and thank you for and joining us there have been three homicides and 98 minutes will have details coming up. >> the clock is ticking for a solution in washington. we are just four days away from a fiscal cliff. we was see what congress will do today. >> we are seeing an increase and cloud cover. it is a cold start outside. as we head into afternoon rain chances could start for the bay area. as we take a look at the numbers. it is 30 degrees in santa rosa. it is 39 currently in fremont. tomorrow morning we went may wake up to rainy weather. >> we are looking at pretty light traffic around the bay area. i do not think that we will see anything different than what we have seen all week long. right now but quick commute check shows there is a like ride through the east bay. the rest of the
cliff the latest on negotiations next. >> and chang restrictions are lifted on rows are clearing fresnel in the sierra will have an update on conditions. >> plus many is offering free service to celebrate its 100th anniversary will have a live report as the kron 4 morning news continues into minutes no all and thank you for and joining us there have been three homicides and 98 minutes will have details coming up. >> the clock is ticking for a solution in washington. we are...
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cliff." the house is set to reconvene this morning at 6:00 pacific time. andrew spencer has more on why the process seems to have stalled. >>> reporter: >> if there is an ultimate compromise, there will be parts of it that i find disgusting and reprehensible which i may have to swallow in the name of finding a compromise. >> reporter: a rare sunday session on capitol hill. >> the senate will come to order. >> reporter: as lawmakers work on avoiding the so-called "fiscal cliff." talks briefly hit a, quote, major setback on sunday over social security benefits according to a democratic source. but both sides agreed to push forward. >> i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch mcconnell. top level sources say the two are taking over talks. if nothing is resolved by midnight, tax rates for all americans will increase and democrats say it means about $2,000 for t
cliff." the house is set to reconvene this morning at 6:00 pacific time. andrew spencer has more on why the process seems to have stalled. >>> reporter: >> if there is an ultimate compromise, there will be parts of it that i find disgusting and reprehensible which i may have to swallow in the name of finding a compromise. >> reporter: a rare sunday session on capitol hill. >> the senate will come to order. >> reporter: as lawmakers work on avoiding the...
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the fiscal cliff is really in sight now. >> it is deja vu all over again. >> the president chastising congress to do their jobs, but will they? details on what happened next. and violence against women. the vigil tonight in san francisco for a woman who lived and died brutally half a world away. and live doppler 7hd is tracking the rain and moving into the bay area. meteorologist sandhya patel is up next to show you when the rain will hit your neighborhood and a look ahead to new year's. that's all coming up. and then late other "nightline." >> i'm terry moran. dan, up next on "nightline," they are not rich, but they fly all over the world in first class for free. the extreme methods and secret tips of frequent flier mileage hoarders. and a national memory champion tonight. he will share his astonishing >>> senate leaders will work through the weekend to a avoid the fiscal cliff. there are fewer than four days left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few days. it starts with the senat
the fiscal cliff is really in sight now. >> it is deja vu all over again. >> the president chastising congress to do their jobs, but will they? details on what happened next. and violence against women. the vigil tonight in san francisco for a woman who lived and died brutally half a world away. and live doppler 7hd is tracking the rain and moving into the bay area. meteorologist sandhya patel is up next to show you when the rain will hit your neighborhood and a look ahead to new...
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also dragging down sales was uncertainty about the fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it consumers could see higher taxes eating into their paychecks. even online sales suffered compared to past years of double-digit growth this year online holiday sales rose only about 8% compared to nearly 16% last year. lack of consumer confidence means this shopping season could be the weakest since the recession in 2008 when sales actually shrank. >> consumers need to have more confidence. right now it's more of an uncertain way for the first half of 2013 so i think everyone has thought going into the year. >> for businesses, the holiday shopping season officially ends december 31st, and retailers are hoping to salvage some profits by offering deep discounts until then. the president of the national retail federation is still optimistic. he estimates holiday sales growth will be about 3.5% to 4% this year. rebecca and jeff? >> thanks elaine. it's interesting, macy's and target report next week so we're going to hear from t
also dragging down sales was uncertainty about the fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it consumers could see higher taxes eating into their paychecks. even online sales suffered compared to past years of double-digit growth this year online holiday sales rose only about 8% compared to nearly 16% last year. lack of consumer confidence means this shopping season could be the weakest since the recession in 2008 when...
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next up, a quarter to the hour. stocks every 15 minutes. the dow is down on fiscal cliff peers. it was down triple digits. it appears to be back up. nicole: everyone has their focus on washington. they are waiting on something to come out of washington. they need to solve the fiscal cliff. let's take a look at the major averages. they are all down or then a half of a percentage each. ford adding over 2300 workers in michigan. bank of america hit a new 52 week high. smith and wesson, they make guns. they have been under pressure after the shooting in connecticut. now, they are back in action. research in motion, but very tan, waiting on that. there were concerns on how many sales actually occurred. liz: thank you. even if we can get an answer to the debt crisis from washington, d.c., the real damage may be done by the new regulation. first, some of today's winners. take a look. ♪ liz: next up, a solution to the looming debt crisis may do little to save us from an economic disaster. the white house is working on a brand-new set of regulations that could handcuff business growth.
next up, a quarter to the hour. stocks every 15 minutes. the dow is down on fiscal cliff peers. it was down triple digits. it appears to be back up. nicole: everyone has their focus on washington. they are waiting on something to come out of washington. they need to solve the fiscal cliff. let's take a look at the major averages. they are all down or then a half of a percentage each. ford adding over 2300 workers in michigan. bank of america hit a new 52 week high. smith and wesson, they make...
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. >> we talk about the fiscal cliff - but there could also be a 'dairy cliff'. beginning next year, you could pay as much as seven dollars for a gallon of milk. a stalled farm bill means certain protections for farmers are expiring. a dairy subsidy ends january first. if congress doesn't act before then, the u-s would revert to a 63-year-old dairy policy. it would force the government to buy milk at inflated prices, driving up the cost for everyone. we will be right back on the kron 4 morning news. first, let us take a look at the san francisco's skyline good is a post card morning. cold your forecast, coming up. factory weekend o after a snows over the weekend of sierra have been clear. and several ski resorts around lake tahoe are reporting record amounts of fresh powder. kron 4's charles clifford has an update on conditions this is along highway 50 in the salt lake tahoe with fresh power itself lake tahoe. >> all i just heard that charles clifford mentioned that we are going to see some of snowfall. and he also mentioned that this is one of the most snowiest
. >> we talk about the fiscal cliff - but there could also be a 'dairy cliff'. beginning next year, you could pay as much as seven dollars for a gallon of milk. a stalled farm bill means certain protections for farmers are expiring. a dairy subsidy ends january first. if congress doesn't act before then, the u-s would revert to a 63-year-old dairy policy. it would force the government to buy milk at inflated prices, driving up the cost for everyone. we will be right back on the kron 4...
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cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the world. it is not just the force in afghanistan that is being reduced. it would impact on the training of the force. and its preparedness to conduct other operations. >> white house officials say it is unclear what will happen with the sequester. on friday republican senator john mccain said he doesn't see how a deal gets done without addressing these across the board cuts which could cost a lot of contractors their jobs. >> now, the large defense contractors will probably be okay. they have sig
cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get...
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Dec 30, 2012
12/12
by
FOXNEWSW
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cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the world. it is not just the force in afghanistan that is being reduced. it would impact on the training of the force. and its preparedness to conduct other operations. >> white house officials say it is unclear what will happen with the sequester. on friday republican senator john mccain said he doesn't see how a deal gets done without addressing these across the board cuts which could cost a lot of contractors their jobs. >> now, the large defense contractors will probably be okay. they have sig
cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get...
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Dec 29, 2012
12/12
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WBAL
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. >>> in this morning's consumer alert the fiscal cliff could mean bad news at the supermarket as congress dives into negotiations that happened before the new year. if lawmakers don't approve a farm bill by then, the price of milk could shoot up. an average gallon costs $3.55. it could soar to between $6 and $8. it wouldn't be just milk prices. all dairy products would be affected. cheese, yogurt. it won't happen right away. the department of agriculture could take weeks to put a new program in place. >>> the start of the new year means you'll have to start thinking about filing 2012 taxes. even though there are just a few days left in the year, it's not too late to ensure you get a bigger return. >> the clock is ticking down on 2012 but you still got time to make your tack return a little bigger. >> charitable deductions you still have time to increase your charitable deductions. either through cash cribbings or noncash contributions through orringmizations like the goodwill, salvation army, things like that. >> those donations are tax deductible, increasing your chance for a return. you
. >>> in this morning's consumer alert the fiscal cliff could mean bad news at the supermarket as congress dives into negotiations that happened before the new year. if lawmakers don't approve a farm bill by then, the price of milk could shoot up. an average gallon costs $3.55. it could soar to between $6 and $8. it wouldn't be just milk prices. all dairy products would be affected. cheese, yogurt. it won't happen right away. the department of agriculture could take weeks to put a new...
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Jan 1, 2013
01/13
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KRON
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>> next at 5. over the cliff we go. with lawmakers and even the president saying how close a deal is.they will not meet the midnight deadline to avoid the fiscal cliff. we'll tell you what that means for you. plus, kron 4 is your new year's eve headquarters.live, team coverage of celebrations around the bay area and the world.next. on new year's eve, little reason to celebrate on capitol hill as congress sends the government over the fiscal cliff. at least for now. the president expressing his frustration at the partisan deadlock over spending cuts and taxes. >>> with this congress, that was obviously too much to hope for at this time. >> reporter: the senate is still expected to vote on the package tonight. but the house has adjourned until noon tomorrow. kron four's dan kerman is here to tell us how this all unfolded and what going over the cliff means for many americans. >> reporter: the house's decision to delay the vote means unemployment checks for 12 million americans could stop or atleast be delayed. it could al
>> next at 5. over the cliff we go. with lawmakers and even the president saying how close a deal is.they will not meet the midnight deadline to avoid the fiscal cliff. we'll tell you what that means for you. plus, kron 4 is your new year's eve headquarters.live, team coverage of celebrations around the bay area and the world.next. on new year's eve, little reason to celebrate on capitol hill as congress sends the government over the fiscal cliff. at least for now. the president...
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Dec 25, 2012
12/12
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KTVU
tv
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in the south bay coming up, we will tell you about that next. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. . >>> welcome back, new this morning, thousands have been left homeless in manila. authorities say a riot broke out after a second fire left 8,000 people homeless. a man was accused of starting the fire but the fire was likely sparked by a burning candle. >>> in south africa, former president nelson mandela has been in the hospital and doctors have no plans to release him any time soon. he also has had
in the south bay coming up, we will tell you about that next. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have...
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Dec 31, 2012
12/12
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KPIX
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it's just 14.5 hours from that big deadline for the nation's lawmakers to avoid the dreaded "fiscal cliff." we have a live picture from the u.s. capital where the house just reconvened just a short tim ago. a source telling the "associated press" the democrats have offered to extend tax cuts for families making up to $450,000 a year and individuals that are making $400,000 a year. the president originally wanted the tax cuts to be extended only for families making up to $250,000 a year. for more on the down-to-the wire talks here's andrew spencer. >> if there is an ultimate compromise, there will be parts of it that i find disgusting and reprehensible which i may have to swallow in the name of compromise. >> reporter: a rare sunday session on capitol hill. >> senate will come to order. >> reporter: as lawmakers work on avoiding the so-called "fiscal cliff." talks briefly hit a, quote, major setback on sunday over social security benefits according to a democratic source. but both sides agree to push forward. >> i want everyone to know i'm willing to get this done, but i need a dance partn
it's just 14.5 hours from that big deadline for the nation's lawmakers to avoid the dreaded "fiscal cliff." we have a live picture from the u.s. capital where the house just reconvened just a short tim ago. a source telling the "associated press" the democrats have offered to extend tax cuts for families making up to $450,000 a year and individuals that are making $400,000 a year. the president originally wanted the tax cuts to be extended only for families making up to...
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Dec 28, 2012
12/12
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KGO
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. >>> and also ahead, the surprising impact the fiscal cliff will have on a staple of the american diet. >>> also, later, it is back to the sidelines for an nfl coach whose medical battle has inspired his team and his community. we're going to hear from colts' coach chuck pagano, about his fight with cancer. stay with us. >>> welcome back. you could call it the dairy cliff. there could be some serious sticker shock starting new year's day. you heard wendy mention a little bit about this moments ago. here's more information. the price of milk could double, hitting as much as $8 a gallon, if congress does not take action on the new farm bill. without the bill, the 1949 law would kick in. and that would force the government to pay dairy farmers much higher prices for their milk, pushing costs up all across the board. >>> another day, another upbeat report on the rebounding housing market. sales of new homes jumped 4.4% between october and november. the fastest pace in more than 2 1/2 years. overall, new home sales are up 15% over the past year. >>> and still, with the economy, a sign of th
. >>> and also ahead, the surprising impact the fiscal cliff will have on a staple of the american diet. >>> also, later, it is back to the sidelines for an nfl coach whose medical battle has inspired his team and his community. we're going to hear from colts' coach chuck pagano, about his fight with cancer. stay with us. >>> welcome back. you could call it the dairy cliff. there could be some serious sticker shock starting new year's day. you heard wendy mention a...